GBPUSD Chart Technical Outlook corrects higher with dips toward 1.2650 likely to find buyers
GBP/USD had found a bottom in November and corrected higher last week. Prices have printed higher highs and higher lows since then. Technical indicators from intraday charts show a bearish divergence. Temporary pullback is possible toward the support levels of 1.2650 and 1.2610. The dip should find buyers. Resistances are located at 1.2750 and 1.2830. Today’s main calendar event is the US ISM manufacturing PMI.
